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AFFORDABLE HOUSING &
TRANSIT-ORIENTED
DEVELOPMENT
ECONSULT SOLUTIONS
May 7, 2015
ECONSULT SOLUTIONS
HISTORY OF TOD IN PHILADELPHIA
• Philadelphia developed around
transit
• With the decline of the city, the
oldest (and most transit-
oriented) communities declined
most
REBIRTH OF THE CITY
The time is right for TOD
– Growth in the city
– Improving transit
– Greater funding certainty
– Awareness of benefits
– Demographics
• Millennials
• Boomers
– Changing views
ECONSULT SOLUTIONS
EQUITY IN TOD
• As cities rebound, affordability declines
• Location-efficient development is critical to housing affordability
ECONSULT SOLUTIONS
DEMOGRAPHIC CHANGE
ECONSULT SOLUTIONS
DEMOGRAPHIC CHANGE
ECONSULT SOLUTIONS
DEMOGRAPHIC CHANGE
ECONSULT SOLUTIONS
SOLUTIONS
ECONSULT SOLUTIONS
• Capturing value through Transit Revitalization Investment Districts
(TRIDs)
• Inclusionary zoning
CASE STUDY:
ARDMORE TRANSIT CENTER (ATC)
ECONSULT SOLUTIONS
• PPP: Lower Merion/ Amtrak/
SEPTA/Dranoff
– Station Improvements
– New Residential and Retail
• SEPTA and Amtrak Service
• Complicated: 8 Years in Process
Image Source: Lower Merion, Ardmore Transit Center Presentation - 4/24/2013
Q & A
ECONSULT SOLUTIONS

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Affordable Housing & Transit-oriented Development May 2015

Editor's Notes

  1. PROVIDE SUBURBAN PERSPECTIVE